When Sensex touched 20000, Nifty crossed 6000 all media were informing that we have entered into a new bull run.

But the market is in undergoing worst bear run in the history of Indian stock market. Stocks are getting hammered everyday, Take for example MMTC which was trading at Rs 860+ in January is now trading close to Rs 40. Bank of Baroda which was trading around Rs 1000 in the year 2010 is now trading at half that price. DLF which was trading at Rs 1300+ in the year 2008 is now trading at Rs 127 and poised to trade lower. The mood of market continues to be very bearish despite better global outlook. India has internal domestic problems such as

Depreciation of rupee against USD

increasing CAD

General economic slowdown

Political uncertainty

These factors would force the Indian benchmark to under perform for some more time. There are evidences that the bears have enough ammunition to create turbulence in the market for a medium term downward push. Stocks like DLF, L&T, BHEL, Bank stocks are falling like pack of cards and we will have to check where support levels for many small and mid-cap stocks. On Friday, Financial technologies went down as much as 20% extending its Thursday’s fall of 70%!

What to expect from the market now?

The market is poised to hit a new low of the year. First, we will have to check if Nifty can get supported at 5500! If you are wondering how to make money in the current downtrend here is an opportunity for you!

The face to face club!

There has been a constant pressure on us to revive the face to face club in Chennai and it is increasing in this bear market. Investors and traders want to meet every month and they want to have discussion on how to explore the market to make money. In each of the meeting we would like to discuss on the opportunities that galore in

stock market

commodity market

Real estate

In short, if you want to know when to buy/sell gold/silver this would help you to decide on it. On the other hand if you want to know where you can put your money in real estate, these meetings would act as boon to your decisions. The discussion would help you to hone your skills in investing as well as trading. The co investors would share their experience and you could learn a lot from that. It is not only limited to stock market. Interested in the Chennai club? Please give out your name and we would get back to you on how to become a member. Please use the following link to give your name we would get back to you before the coming Saturday.